- USD/SGD is currently trading around 1.4005 marks.
- It made intraday high at 1.4009 and low at 1.4001 levels.
- Intraday bias remains slightly bullish till the time pair holds key support at 1.3964 marks.
- A daily close above 1.4005 will test key resistances at 1.4027, 1.4077, 1.4160, 1.4219, 1.4266, 1.4327, 1.4409 and 1.4506 levels respectively.
- Alternatively, a consistent close below 1.4005 will drag the parity down towards key supports at 1.3964/1.3851/1.3775/1.3704/1.3646 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart. Current upside movement is short term trend correction only.
We prefer to take long position in USD/SGD around 1.4002, stop loss 1.3964 and target of 1.4077.


FxWirePro: USD/ZAR gains some ground, but downtrend remains
NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop
FxWirePro : USD/CAD falls as strong Canadian jobs data lifts loonie
FxWirePro: GBP/USD rises as weak U.S. jobs data pressures dollar
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/AUD slips after surprise U.S. employment data
FxWirePro : EUR/NZD holding below 38.2% fibo ahead of US data
EUR/USD Rockets Past 1.1560 as Soft U.S. Jobs Data Fuel Fed Rate-Cut Surge
FxWirePro- Major Crypto levels and bias summary
FxWirePro: NZD/USD retreats as Middle East instability weighs
FxWirePro: USD/CNY slips as strong China exports data Lift yuan
FxWirePro: EUR/ AUD neutral in the near term, scope further downside
AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop
EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide
FxWirePro- Woodies pivot (Major) 



